Update: 9/23/2025

Client Interview: First Overseas Real Estate Investment -- The Filmore Da Nang, 24th Floor 1-Bedroom Purchase Story

In this blog, we interviewed a Japanese investor who purchased the luxury condominium The Filmore Da Nang through DVR.
The client, who owns multiple properties in Okinawa and Tokyo and runs both an architectural design office and a real estate company, shared why he chose Da Nang for his first overseas investment and why he selected DVR as his partner.

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Q1: Why did you start considering overseas real estate investment?

A:
My domestic investments have been stable, but I wanted to challenge myself in the next growth market.
I already own several apartments and houses in Okinawa and Tokyo, but I wanted to look toward "growing cities overseas."

Hanoi and Ho Chi Minh City have already become very expensive, and yields are falling. By contrast, Da Nang is a rapidly growing tourist city with significant potential for growth.

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Q2: When did you first visit Da Nang?

A:
It was in January 2025. It wasn't for sightseeing--it was purely a business trip for real estate investment.

DVR didn't just show me properties. They also provided:

・Explanations of the current state and outlook of the Vietnamese real estate market

・Information on what types of properties foreigners are allowed to buy

・A Full Guidebook for Foreign Investors Purchasing Real Estate in Vietnam

・Comparisons between Japanese and Vietnamese property transaction systems

・Insights into Vietnam's unique construction practices and potential risks

Hearing all of this directly from a Japanese licensed real estate transaction specialist (宅地建物取引士) who is the local brokerage manager in Da Nang was a huge reassurance. He also had overseas experience, including knowledge of real estate in Australia.

What impressed me most was that "they didn't just talk about the positives--they also explained the challenges that come with a system still in development."

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(Client signing ceremony with the developer, alongside DVR's Japanese and Vietnamese staff providing interpretation support)

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Q3: Why did you choose DVR?

A:
To be honest, there are many Vietnamese real estate agencies locally. But their explanations usually focus only on the positives, and few provide details on system differences or potential risks.

DVR, on the other hand, had staff well-versed in the Japanese real estate system who clearly explained the differences with Vietnam. I felt reassured being able to understand everything in both Japanese and English, and I trusted their honesty in sharing not only the merits but also the risks.

More than the number of listings or pricing, what mattered to me was "transparency and peace of mind." DVR delivered exactly that.

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(Mock-up room of the 1-Bedroom unit purchased by the client)

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Q4: Among the many options, why did you choose The Filmore Da Nang?

A:
I viewed several properties, but The Filmore Da Nang stood out.

・Outstanding location in the city center of Da Nang

・A grand entrance reminiscent of a five-star hotel

・Well-equipped common facilities, including a rooftop party lounge, modern gym, and resort-style pool

・Most importantly, it was completed and eligible for Pink Book (ownership certificate) issuance

Since it was my first overseas investment, I wanted certainty. That's why I decided on a completed property where ownership rights were guaranteed.

Ultimately, I purchased a 1-Bedroom unit on the 24th floor.

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Q5: How was the process from contract to handover?

A:
Right after the viewing, we began contract preparations:

・Japanese and English translations of the contract and detailed explanations

・Guidance on documentation required for international remittance

・Negotiations with the seller and attendance at notarization procedures

・Support with registration and legal processes

Of course, being overseas brought some uncertainty. But being able to fully understand the system and contract terms in both Japanese and English was extremely reassuring.

I signed the contract in March 2025, made the final payment in May, completed registration smoothly, and finally received the keys in June.

"My honest impression is that it felt almost the same as doing a deal back home in Japan."

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Q6: How have you managed the property after purchase?

A:
Immediately after handover, DVR supported me with rental marketing. As a result, a foreign expatriate tenant moved in right away.

I've already secured stable rental income. I can really feel how the luxury facilities and prime location help sustain strong rental demand.

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(Handover was conducted by DVR staff on behalf of the client due to his busy schedule)

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Q7: What lessons did you learn from this investment?

A:

・Completed + Pink Book eligibility → Provides peace of mind for first-time overseas buyers

・Prime location + luxury shared facilities → Underpins strong rental demand

・DVR's balanced explanation of both positives and risks → Reliable basis for making decisions

"I realized DVR isn't just a company that sells properties--they are a company that honestly provides investors with the information they truly need."

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Q8: What are your future plans?

A:
I'm currently considering a second purchase. This time, I'm interested in a beachfront resort-style property.

I look forward to continuing to receive support from DVR.

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(After the successful handover, the client's Japanese investor friends in real estate and construction joined for a developer-hosted dinner party at the rooftop lounge)

Would you like to begin your own real estate investment journey in Da Nang?
DVR shares "the truth--including both merits and risks"--to ensure safe and secure transactions.

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-Contact Us-

DVR (Da Nang Villa Realty) is a Japanese real estate company based in Da Nang.
We handle nearly all types of properties in Da Nang and surrounding areas, including condominiums, serviced apartments, offices, and retail spaces.

Whether you are relocating, on assignment, immigrating, or starting a new business, we can introduce suitable properties for sale or rent.
Please feel free to contact us via email, LINE, WhatsApp, or phone with your preferred area, budget, size, and layout requirements.

• DVR has a licensed Japanese real estate transaction specialist (宅地建物取引士) on staff full-time.

• Two experienced Vietnamese staff members fluent in Japanese and English are also available.

For rentals or purchases in Da Nang, trust Da Nang Villa Realty, with our extensive experience in brokerage and management.

Da Nang Branch
Hotline: +84-79.509.3575
Email: infodvr@danangvillarealty.com
Address: 15 Ngo Thi Si Street, My An, Ngu Hanh Son, Da Nang

Japan Office
Tel: +81-98.369.3575